U.S. stock index futures climbed on Monday as tensions in the Middle East failed to dampen investor sentiment ahead of a busy week full of earnings reports and an interest rate decision from the Federal Reserve.
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"The ground offensive in Gaza will still be causing some concern, but it has been largely expected and that's why I don't think you've seen any kind of particularly adverse reaction on the markets today," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. On Monday, the yield on the ten-year note was at 4.86%, after having breached the 5% level earlier this month.
However, certain parts of the economy have proved to be resilient, spurring concerns that the central bank could signal willingness to hold rates at their current level for longer than previously anticipated.A fresh batch of data on the U.S. economy this week, ending with the October's non-farm payrolls report on Friday, will be on the watchlist for further cues on the Fed's monetary policy path.
Among individual stocks, Coherus Biosciences jumped 15.2% in premarket trade as the U.S. health regulator approved the company's treatment for nasopharyngeal cancer.Are you looking for stocks to buy before the next bull market? Here are two top picks! The post A Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.Billionaire super-investor Warren Buffett has shared plenty of financial wisdom over his almost 70-year career.
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